Cornerstone Hospice Foundation Inc (EIN 592915060) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Phone

3527426819

Tax Period

2024-01-01 to 2024-12-31

Cornerstone Hospice Foundation Inc, founded in 1988, is a community nonprofit in the Human Services sector that reported $2.3M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $421K, a strong 18% operating margin.

Mission

Provides the critical resources both financial and in-kind to encourage and promote the delivery of exceptional, post-acute care to those in need irrespective of personal capacity.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,814,329

Program Service Revenue $0

Investment Income $558,994

Other Revenue $-41,131

TOTAL REVENUE $2,332,192

Expense Breakdown

Grants Paid $1,000,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,851,051

Other Expenses $911,051

TOTAL EXPENSES $1,911,051

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,332,192	$3,327,692	-0.3%
Expenses	$1,911,051	$2,640,263	-0.3%
Net Income	$421,141	$687,429	-0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Adam Kamus	Chair	2.0	Officer Director	$0	$0	$0
Gregory Collier	Secretary	2.0	Officer Director	$0	$0	$0
Heath Nailos	Immediate Past Chair	2.0	Officer Director	$0	$0	$0
Kyle Clapper	VICE CHAIR & Treasurer	1.0	Officer Director	$0	$0	$0
Beth Hunt	DIRECTOR	1.0	Director	$0	$0	$0
Lynn Walker Wright	DIRECTOR	1.0	Director	$0	$0	$0
Reba Mazak	DIRECTOR	1.0	Director	$0	$0	$0
Rich Barry	Director	1.0	Director	$0	$0	$0
Trey Dyer	DIRECTOR	1.0	Director	$0	$0	$0
TODD A WEBB	CHIEF FINANCIAL OFFICER	2.0	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,332,192	$1,911,051	$10,176,634	$421,141
2023	$3,327,692	$2,640,263	$10,538,959	$687,429
2022	$3,740,202	$6,881,695	$12,064,961	$-3,141,493
2022	$961,785	$1,511,006	$13,105,079	$-549,221
2021	$3,423,021	$3,079,362	$14,078,127	$343,659
2020	$2,421,076	$4,911,715	$13,278,499	$-2,490,639
2019	$5,482,947	$7,590,132	$14,981,902	$-2,107,185
2018	$6,927,990	$2,122,815	$15,567,134	$4,805,175

Cornerstone Hospice Foundation Inc